Sometimes problems are really just opportunities in disguise
Sharing a small space with six other practices may seem like a tough proposition for a small business, but Melissa Riensche from Desert Veterinary Medical Specialists knew that she could make it work. In fact, not only would it work, but it would be an advantage for her patients and their owners. Now, everyone who brought their animal to her could get total care in one convenient spot. No more driving all over town to get different treatments, just a group of amazing businesses working together to make life more convenient.
Trying to get a big bank loan turned out to be a big headache
The problem was, Melissa couldn’t find anyone that was willing to give her a loan to get her practice started. Many of the big banks were unwilling to even consider lending to her because of the open concept of the building, or wanted her to use her home as collateral. After meeting with several larger banks and getting the same result, Melissa scheduled a meeting with the loan team here at Gateway.
The personalized approach got them approval
After getting to know more about Melissa, her business, and her needs, we were able to help her with a loan that everybody felt comfortable with. Melissa noted a big difference between dealing with the larger banks, and dealing with Gateway.
“We are amazed that the president of the bank would take the time to come and meet with us, help us obtain a loan for our business, and continue to watch over us and provide positive support for our business. Everyone there really cares about us and it shows whenever we have a question, it is answered right away. We feel like part of the family at Gateway, not just another account.”
Flourishing with the right financing
Since receiving their loan, Melissa and her partners have found that being small business owners is incredibly rewarding. Melissa says, “We really enjoy getting to lead discussions and make decisions that positively affect our employees, give back to the community, and grow our business.”
In fact, they’ve experienced growth each year since receiving the loan that allowed them to purchase the business, which has allowed them to make generous donations to organizations such as the Phoenix Zoo and the American College of Veterinary Internal medicine Foundation Memorial Program.
More than just banking, it’s building stronger communities
We couldn’t be more happier for Melissa and Desert Veterinary Medical Specialists. And we are very proud to be their banking partner. Helping small businesses become successful is one of the best parts about being a local bank, because each time it happens, our community becomes stronger.